GBPCAD CONTINUED DOWNWARD MOMENTUM (DAILY)
Major trend line pressure acting as critical resistance level.
First target at 61.8% fib level and beyond.
Looking at a 1:1.5 risk reward.
Stops above highest high.
Awaiting further confirmation before entering into the trade.
First target at 61.8% fib level and beyond.
Looking at a 1:1.5 risk reward.
Stops above highest high.
Awaiting further confirmation before entering into the trade.
Trade closed: target reached
Trade closed - all targets achieved.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.